Tupelo Warehouse with Net
For Sale
Contact for pricing
2341 Graham Dr, Tupelo, MS
26,800 SF warehouse with a long-term net lease.
Property Size26,800 SF
Lot Size2.00 Acres
Price / SF$89.55
Days on Market262
Property Features for 2341 Graham Dr
General Information
Standard status
Active
Size
26,800 SF
Lot size
2.00 Acres
Property subtype
INDUSTRIAL
Listing Agency:
STREAM Capital Partners
(650) 465-3993
Listed By:
Dean Copans · License #20240647
Source:
Moodyscre
Added: Nov 11, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of STREAM Capital Partners
Investment Insights
Based on property information with market context.
This 26,800 square foot warehouse property features an absolute net lease with over 9 years of remaining term. The lease includes 2% annual rent escalations throughout the term and renewal options. There are five, 5-year renewal options available. The property benefits from attractive economics, featuring a low rent of $6.27 per square foot and favorable pricing at $89.55 per square foot. The lease is corporately guaranteed by a proven operator with over 20 years of established operating history. The property is located in Tupelo, MS.
Key Highlights
- Absolute Net Lease with over 9 years remaining.
- Lease corporately guaranteed, indicating strong credit.
- Attractive economics with low rent of $6.27 PSF and favorable pricing at $89.55 PSF.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $254.1k | $9.48 |
| − Vacancy | −$17.3k | −$0.64 |
| EGI | $236.8k | $8.84 |
| − OpEx | −$35.5k | −$1.33 |
| NOI | $201.3k | $7.51 |
26,800 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.88M
$2.52M – $3.35M
NOI $201,270 @ 7.0% cap · market cap 8.39%
Second Best
Industrial
$2.37M
$2.07M – $2.76M
NOI $165,751 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$5.03M
$4.40M – $5.87M
NOI $352,319 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Tupelo
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Tupelo Storage — 121 Coley Rd, Tupelo, MS 38801
Frequently Asked Questions
What type of property is this?
Warehouse - 26,800 SF warehouse with a long-term net lease.
Where is this warehouse located?
The property is located at 2341 Graham Dr Tupelo, MS.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Absolute Net Lease with over 9 years remaining.; Lease corporately guaranteed, indicating strong credit.; Attractive economics with low rent of $6.27 PSF and favorable pricing at $89.55 PSF.